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1 points QUESTION 11 Berry Corporation has 100,000 shares of $10 par common stock authorized. The following transactions took place during 2020, the first year

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1 points QUESTION 11 Berry Corporation has 100,000 shares of $10 par common stock authorized. The following transactions took place during 2020, the first year of the corporation's existence: Sold 20,000 shares of common stock for $13.50 per share. Issued 20,000 shares of common stock in exchange for a patent valued at $300,000 At the end of Berry's first year, total paid-in capital amounted to $570,000 $300,000 $120,00 $2700

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